WHN Stock | | | CAD 0.13 0.01 8.33% |
Westhaven Ventures financial indicator trend analysis is more than just analyzing Westhaven Ventures current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westhaven Ventures is a good investment. Please check the relationship between Westhaven Ventures Free Cash Flow Yield and its Pfcf Ratio accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westhaven Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Free Cash Flow Yield vs Pfcf Ratio
Free Cash Flow Yield vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Westhaven Ventures Free Cash Flow Yield account and
Pfcf Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Westhaven Ventures' Free Cash Flow Yield and Pfcf Ratio is -0.46. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Westhaven Ventures, assuming nothing else is changed. The correlation between historical values of Westhaven Ventures' Free Cash Flow Yield and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Westhaven Ventures are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Free Cash Flow Yield i.e., Westhaven Ventures' Free Cash Flow Yield and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Pfcf Ratio
Most indicators from Westhaven Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westhaven Ventures current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westhaven Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 284.6
K in 2024.
Issuance Of Capital Stock is likely to drop to about 950
K in 2024
Westhaven Ventures fundamental ratios Correlations
Click cells to compare fundamentals
Westhaven Ventures Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Westhaven Ventures fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Westhaven Stock Analysis
When running Westhaven Ventures' price analysis, check to
measure Westhaven Ventures' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westhaven Ventures is operating at the current time. Most of Westhaven Ventures' value examination focuses on studying past and present price action to
predict the probability of Westhaven Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westhaven Ventures' price. Additionally, you may evaluate how the addition of Westhaven Ventures to your portfolios can decrease your overall portfolio volatility.